2042 Weil RD, Marion TX 78124

After reviewing 6 recent transactions in 78124, I estimate this property's value at $441,301. A competitive list price for this home right now would fall in the $480,000 to $589,000 range. Relative to what's currently available in 78124, this home would be below the only comparable home currently on the market. At 13 years older than typical comps, the 2004 build date influences the valuation. The larger lot (5.04 acres versus the area average of 3.66) contributes to the valuation. There are currently 1 similar homes on the market in 78124, ranging from $570,000 to $570,000. Prices in 78124 have fallen 50.9% over the last 6 months. A similar home at 171 Lost Maples WAY, Marion TX 78124 carries an adjusted comparable value of $334,867, providing a strong data point. With 6 comparable sales in 78124, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group